Detailed technical analysis on the semiconductor sector via the ETFs; SMH, XSD & SOXX as well as several of the largest semiconductor stocks, including critical support levels/sell signals & price targets.
The following video provides technical analysis of the semiconductor sector, making the case for a significant bear market in the coming months as well as my top picks for individual semiconductor stocks, including short entry points & price targets. The charts of the following ETFs & stocks are covered in this order: SOXX, SMH, INTC, [...]
As an update to the recent SOXL (3x long semiconductor etf) short trade, I wanted to reiterate that the official stop remains any move above 31.00 and that it still appears to me that the semiconductor sector is poised for the next major leg down. The first chart below is the SMH (Market Vectors Semiconductor [...]
Several of the key stocks covered in this week's video overview of the top 10 holdings in the Nasdaq 100 and the S&P 500 have officially broken down and closed below the bearish technical patterns and/or support levels that were discussed, with several others, such as TXN and BIDU shown below, poised to follow suit [...]
The following video covers the charts of the Nasdaq 100 along with the top 10 components of the index which collectively account for over 43% of the returns from this 100 stock index. Therefore, where the top 10 go, so goes the market. I plan to follow up with a more abbreviated video discussion of [...]
I've spent most of the morning reviewing the charts on all of the active trade ideas. While all the active longs still look fine, the short trades is a mixed bag right now: Some with nice embedded gains, some close to entry/breakeven, some close to their suggested stop level and some that have already exceeded [...]
I have put together an updated video overview of the top 10 components in the Nasdaq 100 Index ($NDX). Remember, the top 10 components comprise over 50% of the weighting of this key index of 100 stocks. Therefore, in order to help get a read on where the overall market might be headed, it would [...]